Consumer Confidence in the United States decreased to 57.90 points in March from 64.70 points in February of 2025. This dataset provides the latest reported value for - United States Consumer Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In January 2025, the index for consumer confidence in China ranged at 87.5 points, up from 86.4 points in the previous month. The index dropped considerably in the first half of 2022 and performed a sideways movement during 2023 and 2024. Consumer confidence Index The consumer confidence index (CCI), also called Index of Consumer Sentiment (ICS) is a commonly used indicator to measure the degree of economic optimism among consumers. Based on information about saving and spending activities of consumers, changes in business climate and future spending behavior are being projected. The CCI plays an important role for investors, retailers, and manufacturers in their decision-making processes. However, measurement of consumer confidence varies strongly from country to country. As consumers need time to react to economic changes, the CCI tends to lag behind other indicators like the consumer price index (CPI) and the producer price index (PPI). Development in China As shown by the graph at hand, confidence among Chinese consumers picked up since mid of 2016. In October 2017, the CCI hit a record value of 127.6 index points and entered into a sideward movement. Owing to a relative stability in GDP growth, a low unemployment rate, and a steady development of disposable household income, Chinese consumers gained more confidence in the state of the national economy. Those factors also contribute to the consumers’ spending power, which was reflected by a larger share of consumption in China’s GDP. After the outbreak of the coronavirus pandemic, consumer confidence dropped quickly in the beginning of 2020, but started to recover in the second half of the year, leading to a v-shaped movement of the index in 2020.

Consumer Confidence in Colombia decreased to -12 points in February from -1.10 points in January of 2025. This dataset provides - Colombia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Mexico decreased to 46.30 points in February from 46.60 points in January of 2025. This dataset provides the latest reported value for - Mexico Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Confidence in Turkey increased to 85.90 points in March from 82.10 points in February of 2025. This dataset provides the latest reported value for - Turkey Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Repairs of personal and household goods are sensitive to various economic factors. Typically, consumers will postpone new purchases if they expect the economy to worsen or their incomes to shrink, trading down to repair services to save money. The total private consumption expenditure of households is a good indicator of demand; higher spending suggests consumers are buying new appliances instead of repairing old ones, cutting into the need for repairs. However, this does create a bigger potential market for repair services further down the line. Over the five years through 2024, revenue is expected to dip at a compound annual rate of 6.6% to €17.1 billion. Revenue suffered from the closure of repair shops for a large chunk of 2020. Most repair shops are micro enterprises, employing fewer than 10 people, which rely on a steady customer footfall to make a profit, so they’re were hit hard by pandemic restrictions. The emergence of repair cafes has also snatched customers away from repair shops; these cafes bring a group of volunteers to a repair workshop hosted by a cafe to learn or use technical skills. Despite the industry’s low productivity, profit is high, driven by the industry’s high value-added and the price consumers are willing to pay to repair essential household items. However, over 2024, revenue is forecast to sink by 3.7%, driven by an uptick in consumer sentiment encouraging more consumers to buy new household goods instead of repairing broken ones. Over the five years through 2029, revenue is slated to climb at a compound annual rate of 2.5% to reach €19.3 billion. An increasing number of European households will expand the potential market for repair shops, propelling revenue growth. Repair shops will also be supported by the EU’s new “right to repair” regulations and the emergence of smart home appliances, creating a niche for specialised repair services. However, independent and micro repair companies that lack access to technical information and technological exposure to these cutting-edge devices might struggle to succeed in the evolving marketplace.

The Industrial Production Index (IPI) fell sharply in the United States during the Great Recession, reaching its lowest point in June 2009. The recession was triggered by the collapse of the U.S. housing market and the subsequent financial crisis in 2007 and 2008, during which a number of systemically critical financial institutions failed or came close to bankruptcy. The crisis in the financial sector quickly spread to the non-financial economy, where firms were adversely hit by the tightening of credit conditions and the drop in consumer confidence caused by the crisis. The largest monthly drop in the IPI came in September 2008, as Lehman Brothers collapsed and the U.S. government was forced to step in to backstop the financial sector. Industrial production would begin to recover in the Summer of 2009, but remained far below its pre-crisis levels.

Cleaning services revenue is forecast to tumble at a compound annual rate of 3.8% over the five years through 2024. Cleaning companies are feeling the brunt of poor economic conditions, which have reduced business and consumer sentiment, resulting in more cautious spending and cutting demand for non-essential cleaning services. Value-added services that command a premium have been hit the hardest. Nonetheless, the essential nature of cleaning services for some clients (like healthcare providers) has supported revenue, limiting the overall decline. Although heightened demand for cleaning after COVID-19 temporarily supported revenue, falling case numbers have since caused revenue to fall back. In 2024, revenue is expected to dip by 2.1% to €155.4 billion. Significant inflationary pressures have caused the cost of living to soar, leading to many consumers cancelling or reducing the frequency of cleaning services. Those cancelling often decide to do their own cleaning, given that services provided to the residential market are often done for convenience, not out of necessity. Over the five years through 2029, revenue is forecast to climb at a compound annual rate of 4.5% to €193.6 billion. Recovering economic conditions will spur rising demand for cleaning services in both the residential and commercial markets, as well as an increase in the provision of more profitable value-added services. Moreover, an expanding European population and mounting business numbers will increase the potential size of the market cleaners can target, supporting revenue prospects.

US loan brokers enjoyed significant revenue growth through much of the five years to 2024 as interest rates hit record lows in the early years and consumer confidence soared. Interest rates have remained artificially low since the 2008 global financial crisis. Low interest rates offered in the period and increased consumer spending spurred demand for mortgage and nonmortgage loan brokerage services, resulting in a surge in revenue of 33.8% in 2020 alone. These interest rates have steadily risen after the pandemic, bringing back a compressed lending environment in the latter half of the period. However, interest rates were cut in 2024, with additional rate cuts expected. Loan brokers also continue to contend with educated consumers attracted to the easy lending processes popularized by online lenders. Overall, industry revenue is set to increase at a CAGR of 12.5% to $26.6 billion over the five years to 2024. In 2024, revenue will climb by 2.1% as interest rate cuts increase mortgage demand. Loan originations for new homes and remodeling skyrocketed despite the adverse macroeconomic effects of the pandemic. Low interest rates and stay-at-home restrictions initially encouraged consumers to take on new loans, even amid a skeptical economic outlook. Since loan brokers generate revenue through commission or on a fee basis, the increase in loan originations contributed to revenue generation and profit, measured as earnings before interest and taxes. Profit has been under pressure as industry wages have begun to outpace revenue growth. As this trend continues into the outlook period, profit will be constrained. Revenue for loan brokers is set to grow at a CAGR of 2.8% to $30.5 billion over the five years to 2029. Rekindling consumer confidence and greater access to credit will be the predominant drivers of industry growth over the coming years. In addition, the growth rate will climb as the Federal Reserve is anticipated to make further rate cuts at the onset of the outlook period. Demand for new loans will be strong, with the lending market being accommodating by historical standards.

According to a survey by LocalCircles in May 2020, around 65 percent of respondents did not want to order restaurant food for delivery within 30 days after the coronavirus (COVID-19) lockdown got lifted. In contrast, about three percent said they would order more than four times within this period.

Consumer sentiment after the 2020 lockdown The Indian government imposed a nationwide lockdown from March 25 to May 31, 2020. Similar to other countries, India’s economy was hit hard by the measures with some industries such as tourism, hospitality, and aviation nearly coming to a standstill. Consumer sentiment dipped from 106 in February to 44 in May 2020 in rural areas. In urban areas, this dropped from 104 to 37 during the same time period. In terms of job security, the perception remained stable, whereas the confidence in the future financial situation decreased significantly during the lockdown.

The food delivery industry: winner or loser of the crisis?
Food delivery expected to boom during the lockdown period when eating out was restricted. However, a survey by Rakuten in June 2020 showed that many Indians ordered less food and, instead, worked on their home cooking skills. Newspapers reported that the two major players on the delivery market, Swiggy and Zomato, had to dismiss some of their drivers or reduced the salary. After the lockdown, when people got used to their “new normal”, the food delivery market gathered pace again.

The statistic shows the gross domestic product (GDP) per capita in India from 1987 to 2029. In 2020, the estimated gross domestic product per capita in India amounted to about 1,915.55 U.S. dollars. See figures on India's economic growth here. For comparison, per capita GDP in China had reached about 6,995.25 U.S. dollars in 2013.

India's economic progress

India’s progress as a country over the past decade can be attributed to a global dependency on cheaper production of goods and services from developed countries around the world. India’s economy is built upon its agriculture, manufacturing and services sector, which, along with its drastic rise in population and demand for employment, led to a significant increase of the nation’s GDP per capita. Despite experiencing rather momentous economic gains since the mid 2000s, the Indian economy stagnated around 2012, with a decrease in general growth as well as the value of its currency. Residents and consumers in India have recently shown pessimism regarding the future of the Indian economy as well as their own financial situation, and with the recent economic standstill, consumer confidence in the country could potentially lower in the near future.

Typical Indian exports consist of agricultural products, jewelry, chemicals and ores. Imports consist primarily of crude oil, gold and precious stones, used primarily in the manufacturing of jewelry. As a result, India has seen a rather highly increased demand of several gems in order to boost their jewelry industry and in general their exports. Although India does not export an extensive amount of goods, especially when considering the stature of the country, India has remained as one of the world’s largest exporters.